What is not allowed to change on the Loan Estimate?

What is not allowed to change on the Loan Estimate?

• A. Origination charges
• B. Escrow deposits
• C. Daily interest
• D. Homeowners insurance

Answer: (A)

Origination charges are zero-tolerance items under the TRID rules, so once they’re disclosed on the Loan Estimate they cannot increase by the time of closing. They can stay the same or even go down if terms change, but they must not rise on the Closing Disclosure. That’s why this item is not allowed to change. Other amounts like daily interest, escrow deposits, and homeowners insurance can vary due to changes in rate, taxes, insurance premiums, or escrow needs, and are handled within the permitted tolerances or through a valid change of circumstances with updated disclosures.

Origination charges are zero-tolerance items under the TRID rules, so once they’re disclosed on the Loan Estimate they cannot increase by the time of closing. They can stay the same or even go down if terms change, but they must not rise on the Closing Disclosure. That’s why this item is not allowed to change. Other amounts like daily interest, escrow deposits, and homeowners insurance can vary due to changes in rate, taxes, insurance premiums, or escrow needs, and are handled within the permitted tolerances or through a valid change of circumstances with updated disclosures.